Egypt continues a process of political transition. Following President Hosni Mubarak’s ouster in February 2011, free parliamentary and presidential elections were held and Mohammed Morsi became president with almost 52% of the vote. A newly drafted constitution was confirmed in a referendum in December 2012. In June 2013, mass demonstrations against President Morsi erupted.
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April 17, 2015 — World Bank MENA Vice President & Egyptian Minister of Social Solidarity signed the project to provide income support & expand social inclusion to families with young children, elderly, & persons with severe disabilities. Read More »
April 14, 2015 — The Middle East and North Africa region has achieved near universal access to health and education, but there is widespread dissatisfaction with the quality of the services providedRead More »
April 14, 2015 — What is holding the region back from creating jobs and improving public services? Watch the replay video of the live discussion held on April 15, 2015 at the World Bank where panelists discussed the need for a new social contract to address the demands of Arab World citizens.Read More »
March 19, 2015 — About 320 kilometers south of Cairo, Egyptian psychiatrist and Egyptologist has chosen a small village in Upper Egypt as the site for her project, “New Hermopolis”. She hopes to put something back by highlighting aspects of Egypt’s rich heritage to help stimulate the local economy.Read More »
The World Bank approved a loan of US$500 million for a project aimed to expand natural gas access to 1.5 million Egyptian households in eleven governorates, including three governorates located in Upper Egypt, where poverty levels are the highest.
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Better functioning financial systems foster economic growth, poverty alleviation; moreover, a more equitable distribution of economic opportunities enhances overall economic development. It is critical that financial development leads to inclusive growth.Read More »